Price Analysis

Verge Price Analysis: Verge’s (XVG) Slight Growth May is not Enough to Compensate the Loses

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  • Verge is up by 1.5% over the last 24 hours.
  • The target for the XVG coin to reach 0.01 USD is still intact.

Verge has gained over 1.5% in the last 24 hours with the help of six major price swings. There is a bullish run waiting for XVG coin before the end of this quarter, and that may take the value of Verge coin to 0.01 USD by this year’s end. Let us find out the current statistics of the coin now.

Current Statistics of Verge-

Verge Price Prediction
Verge Price Chart by TradingView
  • Verge, with more than 9000% of ROI (Return on Investment) is now ranked at 72nd position in the market.
  • There are 15,852,770,439 XVG coins in current circulation.
  • The market cap of the coin as on 31st July at 05:36 UTC is 90,554,729 USD.
  • Verge price stands at 0.00000059 BTC and 0.00573116 USD.
  • The 24h volume rests at 781,452 USD.

XVG to USD Price Comparison-

Verge went down from 0.005716 USD to 0.005542 USD as its first variation of the day. This fall of 3.04% happened between 00:49 UTC and 02:54 UTC. It could not last long and led to a swift hike of 3.75% over the next 9 hours, and this hike added 0.0002 USD to the value of each Verge coin. It was followed by a short yet steep dip of 3.68% and this deducted 0.0002 USD from the coin.

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The fourth swing was a recovery from the last fall, and this recovery was made within 1 hour and 48 minutes from 13:08 UTC. The coin made the investors rich by 4.90%. This recovery was also not a long-standing one as the coin again traded from 0.0058069 USD to 0.005537 USD by 20:59 UTC. The latest swing came as an increment of 4.57% and the value of Verge by 00:16 UTC of today was 0.005780 USD.

Verge Price Prediction-

The coin may be finding some obstacles to pull out a rally, but in the medium-term, it has huge chances of moving out of this zone, and it may reach 0.01 USD by this year’s end.

Verge (XVG)
1st Resistance 0.005785 USD
2nd Resistance 0.005873 USD
3rd Resistance 0.005973 USD
1st Support Level 0.005597 USD
2nd Support Level 0.005497 USD
3rd Support Level 0.005409 USD

Conclusion-

The slight growth seems to have not helped the coin as anticipated. But by the end of this quarter, there will be many avenues for the coin to grow.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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